Steampunk Russian Concept Phone Looks Like a Pack of Dynamite

Have you seen the old packs of dynamite in cartoons? This is exactly how the concept phone below looks, although some claim it may be considered a steampunk design. We have no specs of this metallic device, but it would surely fit in titles like S.T.A.L.K.E.R or even Bioshock.

I wonder what the side pipe is used for… Cooling down the device? Extra grip? Extra bulk? Or could if be the phone’s antenna? If Vertu would make such a phone, even they would avoid blinging this piece of metal. Is there any beauty in this steampunk device?